Citi gets online banking approval in China

Citibank becomes the first foreign bank to be allowed to offer corporate as well as consumer internet banking.
January 28, 2003

Citibank has announced that it has approval from the People's Bank of China to offer internet banking services in China to domestic and international companies, as well as consumers. It claims it is the first foreign bank in China to offer internet-based banking services to both groups.

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